Aeon Delight : Summary of Financial Results for the First Quarter Ended May 31, 2016

Summary of Financial Results for FY March 2004 (Non-Consolidated) Summary of Financial Results for the First Quarter Ended May 31, 2016 [Japan GAAP] (Consolidated)

C o m p a n y	AEON DELIGHT Co., Ltd.	Listed on the TSE1
S t o c k C o d e	9787 URL: http://www.aeondelight.co.jp
Representative	Ippei Nakayama, President and CEO
C o n t a c t	Yukio Furukawa, Director and Managing Director, Business Management	T E L: [phone]
Expected date of filing of quarterly report: July 14, 2016 Expected starting date of dividend payment: -
Preparation of quarterly supplementary financial document: Yes
Quarterly results briefing: None

July 6, 2016

１. Consolidated business results for the three months ended May 2016 (March 1, 2016 through May 31, 2016)

（Rounded down to million yen）

1. Consolidated results of operations (% change from the previous corresponding period)

   Net sales		Operating income			Ordinary income		Net income attributable to owners of parent
   Three months ended May 2016	Million yen	%	Million yen	%	Million yen	%	Million yen	%
   	75,472	7.0	3,911	7.9	3,908	7.0	2,681	29.0
   Three months ended May 2015	70,529	6.1	3,625	2.4	3,652	2.6	2,078	3.1

   (Note) Comprehensive income

   Three months ended May 2016: 2,734 million yen (28.6%)

   Three months ended May 2015: 2,126 million yen (17.6%)

   Net income per share	Diluted net income per share
   Three months ended May 2016	Yen	Yen
   	51.03	50.90
   Three months ended May 2015	39.58	39.48

2. Consolidated financial position

Total assets	Net assets	Shareholders' equity ratio	Net assets per share
As of May 2016	Million yen	Million yen	%	Yen
	134,111	85,325	61.9	1,578.51
As of Feb. 2016	131,349	84,000	62.1	1,552.84

(Reference) Shareholders' equity

As of May 2016: 82,950 million yen As of February 2016: 81,578 million yen

2. Dividends

Annual dividend
End of 1Q	End of 2Q	End of 3Q	Year-end	Total
Year ended Feb. 2016	Yen -	Yen 26.00	Yen -	Yen 26.00	Yen 52.00
Year ending Feb. 2017	-
Year ending Feb. 2017 (forecast)	28.00	-	27.00	55.00

(Note) Revisions to dividend forecast for the current quarter: None

Breakdown of the dividends for the second quarter of the fiscal year ending Feb. 2017 (forecast): Ordinary dividend 27.00 yen, Commemorative dividend 1.00 yen

3．Forecast of consolidated business results for the fiscal year ending February 2017 (March 1, 2016 through February 28, 2017) (% change from the previous corresponding period)

Net sales		Operating income		Ordinary income		Net income attributable to owners of parent		Net income per share
For the six months ending Aug. 2016	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
	150,000	5.1	8,500	4.7	8,500	4.4	4,800	2.5	91.37
Year ending Feb. 2017	305,000	8.5	17,500	4.7	17,500	4.9	10,000	3.5	190.35

(Note) Revisions to business forecast for the current quarter: None

*Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): None

2. Application of accounting procedures specific to preparation of the consolidated quarterly financial statements:

   None

3. Changes in accounting policies, accounting estimates and restatement

   ①Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ① ③Changes in accounting estimates ④Restatement

   : Yes : None : None : None

4. Shares outstanding (common stock)

①Number of shares outstanding at the end of period (treasury stock included)

As of May 2016 As of February 2016

54,169,633 shares 54,169,633 shares

②Treasury stock at the end of period

As of May 2016 As of February 2016

1,619,861 shares 1,634,461 shares

③Average number of stock during period (quarterly cumulative period)

Three months ended May 2016 Three months ended May 2015

52,540,822 shares 52,524,898 shares

* Implementation status of quarterly review procedures

This financial summary is not subject to the quarterly review procedures pursuant to the Financial Instruments and Exchange Act. At the time of disclosure of this report, the procedures for review of consolidated financial statements pursuant to the Financial Instruments and Exchange Act are being conducted.

*Explanation regarding appropriate use of business forecasts and other special instructions (Precautions regarding forward-looking statements)

Forecasts regarding future performance in this material are based on information currently available to the company and certain assumptions that the company deems to be reasonable at the time this report was prepared. The company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

[Quarterly Consolidated Financial Statements] [Quarterly Consolidated Balance Sheet]

(Million yen)

Previous Fiscal Year (February 29, 2016)	Current First Quarter (May 31, 2016)
Assets
Current assets
Cash and deposits	20,386	21,646
Notes and accounts receivable-trade	35,768	39,384
Electronically recorded monetary obligations	3,744	3,489
Investment securities	100	-
Inventories	2,897	2,738
Deposit of subsidiaries and affiliates	37,362	35,213
Other	5,776	5,675
Allowance for doubtful accounts	-360	-372
Total current assets	105,674	107,773
Fixed assets
Tangible fixed assets
Buildings and structures, net	1,642	1,621
Land	1,978	1,975
Other, net	3,464	4,057
Total tangible fixed assets	7,086	7,653
Intangible fixed assets
Goodwill	7,989	7,724
Other	2,408	2,555
Total intangible fixed assets	10,397	10,280
Investments and other assets
Investment securities	4,463	4,573
Other	4,221	4,322
Allowance for doubtful accounts	-494	-493
Total investments and other assets	8,190	8,403
Total fixed assets	25,674	26,337
Total assets	131,349	134,111

(Million yen)

Previous Fiscal Year (February 29, 2016)	Current First Quarter (May 31, 2016)
Liabilities
Current liabilities
Notes and accounts payable-trade	23,487	26,120
Electronically recorded monetary obligations	4,970	5,525
Income taxes payable	4,083	1,615
Reserve for bonuses	1,241	2,194
Reserve for directors' bonuses	115	47
Other	10,923	10,670
Total current liabilities	44,821	46,172
Fixed liabilities
Reserve for directors' retirement benefits	202	206
Net defined benefit liability	1,714	1,690
Asset retirement obligation	42	43
Other	568	674
Total fixed liabilities	2,527	2,613
Total liabilities	47,348	48,786
Net assets
Shareholders' equity
Capital	3,238	3,238
Capital surplus	18,862	18,938
Retained earnings	59,393	60,708
Treasury stock	-441	-437
Total shareholders' equity	81,052	82,448
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	648	658
Foreign currency translation adjustment	372	306
Remeasurements of defined benefit plans	-495	-463
Total accumulated other comprehensive income	525	502
Stock acquisition rights	221	272
Non-controlling interests	2,200	2,102
Total net assets	84,000	85,325
Total liabilities and net assets	131,349	134,111